HRT -Hormone Replacement Therapy in Palisades, NY.
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Enjoying Life Without Compromise: HRT for Women in Palisades, NY
If there's one universal truth, it's that all of our bodies begin changing at some point. That's especially true for women who are over the age of 50. One day it seems like we're rolling out of bed with a pep in our step. The next, our emotions are out of control, our weight won't go down, and we constantly have hot flashes. If that sounds like you, don't worry – millions of other women worldwide are going through the same difficulties.
The fact of the matter is these symptoms are part of a natural process women go through. This change, called menopause, marks the end of a woman's ability to reproduce and menstruate. The average age for this to occur is 51, though it officially begins a year after a woman's final period. During this transition to menopause, estrogen and other hormones in a woman's body start to deplete When those hormones deplete, frequent and sometimes severe symptoms can manifest:
The symptoms of hormone deficiency can be scary for both women and their partners. That makes dealing with a hormone deficiency tricky because many symptoms are tied to nutrition, stress, lack of exercise, and toxins in your body.
However, if you're getting older and dealing with some of the symptoms listed above, have hope. A solution to your hormone problems may be closer than you think. Hormone replacement therapy for women may help correct imbalances caused by menopause. These effective, safe treatments help many women throughout the menopause process and may even help them reclaim their youth.
Our HRT Services
- Enjoying Life Without Compromise: HRT for Women in Palisades, NY
- The Juventee Difference
- Juventee's Custom HRT Treatments for Women
- Benefits of HRT for Women in Palisades, NY
- Common Issues Women Experience During Menopause
- A New Youthful You Awaits at Juventee TRT in Palisades, NY
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Is HRT for Women the Right Answer?
To live a healthy life, hormone stability is very important for women. That's where the beauty of HRT treatments for women begins to shine because it balances hormones that would otherwise be altered due to menopause.
HRT treatments for women represent a revolutionary step toward living life without the pitfalls of old age. However, at Juventee, we understand that no two women, and by proxy, patients, are the same. That's why our team of doctors and specialists provide personalized treatment options for women, combining holistic treatment, nutrition, fitness plans, and more to supplement our HRT treatments.
Is HRT the answer if you feel exhausted, overweight, and moody? That's the million-dollar question that we're asked almost every day. And to be honest, it's hard to say without a comprehensive exam by an HRT expert at Juventee. What we can say is that when a woman's hormones are better balanced during menopause, she has a much better chance of enjoying life without the crippling symptoms that other women feel.
At Juventee, helping women reclaim their vitality and love of life is our top priority. While some HRT clinics see patients as nothing more than a means to make money, our team is cut from a different cloth.
The Juventee Difference
The key to balancing your hormones and improving your well-being is a process that we have refined over time. The Juventee HRT process consists of a comprehensive review of your health and hormonal status. Our team then customizes your plan and prescribes treatments, procedures, and supplements under the guidance of our local HRT experts.
At Juventee, we want to revitalize your health by promoting balance, energy, intimacy, and beauty. We start by assessing your baseline biomarkers and implementing a personalized plan to help you feel like your younger self. Our in-depth process covers many factors, almost like a web. Each component of that web works in conjunction with others to make up how you feel. If one area is out of sync, women can experience unwanted fluctuations in their weight, energy, emotions, libido, and more. Juventee is committed to evaluating our patient's overall health so that we may bring vitality and happiness to as many aspects of their lives as possible.
We've mentioned all the greatness that can come with an HRT regimen from Juventee, but what exactly are the benefits of HRT for women? Let's take a look.
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Juventee's Custom HRT Treatments for Women
Unlike some HRT clinics, Juventee's HRT programs are carefully crafted and personalized for each patient. There are no cookie-cutter solutions at our office. Instead, we assess each individual's needs and customize treatments to help their bodies as they age. We replace hormones that are deficient and restore them to their physiological state using HRT pellets.
These hormone pellets are prescription hormones inserted under the skin through a simple in-office procedure. Each pellet is about as large as a big grain of rice. Once inserted, our HRT pellets get to work quickly. With this treatment, patients don't have to worry about applying greasy creams or swallowing pills. Instead, our pellets are metabolized by the body. That way, patients don't stress over taking too much or too little.
Remember, at Juventee, our goal isn't just to balance your hormones – it's to completely optimize your health and well-being. You won't ever have to worry about our doctors writing you a prescription and sending you on your way without any additional communication. Instead, we aim to be part of our patient's journey back to health and work with all of our HRT patients to do so.
Benefits of HRT for Women in Palisades, NY
Hormone imbalance causes a litany of issues. But with hormone replacement therapy, females can better process calcium, keep their cholesterol levels safe, and maintain a healthy vagina. By replenishing the body's estrogen levels, HRT may relieve symptoms of menopause and even optimize bone health.
But that's just the start. At Juventee, our patients report many benefits of taking HRT for women:
- Less Chance of Depression
- Better Sleep
- Healthier Libido
- Not As Many Hot Flashes
- Optimal Vaginal Health
- Better Levels of Cholesterol
- Improved Memory & Concentration
- Improved Strength & Muscle Mass
- Less Risk of Breast Cancer
- Less Risk of Alzheimer's Disease
If you're ready to feel better and enjoy the vitality of your youth, Juventee is here to help you every step of the way. It all starts with an in-person evaluation, where our team will determine if HRT is right for you.
Common Issues Women Experience During Menopause
For many women, menopause is a difficult time filled with ups, downs, and hormonal hurdles to overcome. While menopausal issues are well-known by some, other women only know that menopause can affect their hormones. The reality is that going through menopause can mean more than moodiness and hot flashes.
At Juventee, we're big believers that a little knowledge can go a long way. With that in mind, if you're going through menopause or are approaching "that" age, consider these common issues. First, let's examine some alternative causes of menopause beyond age:
What Causes Menopause?
The most common reason for menopause is diminished, unbalanced hormones. However, menopause can also result from:
- Oophorectomy: This surgery removes a woman's ovaries and causes immediate menopause. In this situation, symptoms of menopause can be serious, as hormonal changes happen abruptly.
- Chemotherapy: Cancer treatments can cause menopause quickly, with symptoms appearing shortly after treatment.
- Ovarian Insufficiency: Referred to as premature ovarian failure, this condition happens when a woman's ovaries lose function prior to 40. Only 1% of females experience premature menopause, but HRT can help protect the heart, brain, and bones.
Now that we've examined some of the ways that menopause manifests, let's look at some common problems that females regularly endure:
Depression
If you're going through menopause and feel like life is a tiresome burden, you're not alone. Studies show that 15% of women go through depression to some degree during menopause. What many women don't learn is that depression may start much earlier, during perimenopause or even earlier.
Depression can be hard to diagnose, even without perimenopause and menopause as a factor. With that said, keep the following signs in mind. If you notice any, it might be time to speak with a physician:
- Feelings of Being Overwhelmed
- Lack of Interest
- Mood Swings
- Chronic Exhaustion
- Too Much Sleep
- Too Little Sleep
- Inappropriate Guilt
If you notice any of the signs above, it's important that you understand that you're not weak or broken. You're going through a very normal emotional experience, which may be caused by hormone deficiency. However, with proper treatment from your doctor, depression doesn't have to rule your life.
Mood Swings
You don't have to have hormonal imbalances to have mood swings. Indeed, everyone gets moody from time to time. For women going through menopause, however, mood swings can be extreme and happen often. Hormone imbalances and mood swings go together, resulting in unusual emotional changes and even issues like insomnia.
Estrogen production, a hormone that fluctuates during menopause, affects serotonin production, which regulates mood. When both hormones are deficient, mood swings can become quite prevalent.
Fortunately, HRT treatments in Palisades, NY, work wonders for women because they work to regulate hormones like estrogen. With HRT from Juventee, women don't have to settle for the negative consequences that drastic mood swings can cause.
Hot Flashes
Hot flashes: whether you're a man or a woman, you've probably heard of them. Hot flashes are very common issues associated with menopause and manifest as intense, sudden feelings of heat across the upper body. Some last a few seconds while others last many minutes, making them uncomfortable and inconvenient at all times. A few common symptoms of hot flashes include:
- Overwhelming and Intense Sensations of Heat
- Nausea
- Anxiety
- Increased Heart Rate
- Dizziness
- Headaches
Usually, a lack of estrogen causes hot flashes in menopausal women. Low levels of estrogen negatively affect a woman's hypothalamus, or the part of the brain that regulates appetite and body temperature. Low estrogen levels cause the hypothalamus to assume incorrectly that the body is too hot. When it does, it dilates a woman's blood vessels to boost blood flow.
Fortunately, most women don't have to settle for the intense, unwanted feelings they endure with hot flashes. HRT pellet treatment from Juventee helps to stabilize hormones which may lessen the effects that hot flashes cause.
Weight Gain
Staying healthy and fit is a challenge for anybody living in modern America. For women with hormonal imbalances, however, it's even harder. Weight gain is a concerning issue during menopause, but it can be manageable with a physician-led diet, exercise, and HRT treatments from Juventee.
HRT patients at Juventee benefit from health plans that keep hormones in check, making weight loss a real possibility. But which hormones need to be regulated to help avoid weight gain?
- Progesterone: Depleted levels of progesterone may cause bloating and water retention, while loss of testosterone affects the ability to burn calories.
- Estrogen: As you know by now, estrogen levels are often imbalanced during menopause. As such, the body searches for other sources of the hormone. Because estrogen is stored in fat cells, your body thinks it needs to increase fat production to obtain more. The hormone also plays a big part in insulin resistance, which can make weight loss during menopause even harder.
- Chronic Stress: When we're stressed, our body's response is to believe that food is scarce. When this happens, our bodies go into "survival mode." During this process, cortisol production is altered. When cortisol timing changes, your body works harder to produce fat. With chronic stress, this process repeatedly happens, leading to extreme weight gain during menopause.
Low Libido
Millions of adults around the U.S. suffer from low sex drive, but that doesn't make it any more embarrassing to talk about. For many women going through pre-menopause and menopause, it's an unfortunate side effect of unbalanced hormones. Thankfully, HRT may help women maintain a healthy libido, even after 50. But what causes lowered sexual desire in women as they age?
The hormones responsible for low libido in females are estrogen, progesterone, and testosterone.
Progesterone production decreases during perimenopause, resulting in lowered libido in some women. Lower progesterone production can also cause weight gain, exhaustion, and other symptoms common during menopause. Reduced estrogen levels during menopause may lead to vaginal dryness and even loss of muscle tension.
Testosterone is referred to as a male hormone, but it contributes to important health functionality in women as well. Female testosterone heightens sexual responses and intensifies orgasms. When the ovaries can't produce sufficient levels of testosterone, low sex drive can happen.
Bone Density Loss
The inside of a woman's bones is broken down and rebuilt by bone cells in an ongoing process called remodeling. This process is crucial for maintaining bone strength and health.
However, due to the loss of estrogen during menopause, this important process becomes unbalanced. Less bone is formed, and more bone is broken down. This advanced state of bone loss can be worrying for women, especially if they had an early menopause. With time, women may develop osteoporosis and a greater chance of breaking bones as they age.
Fortunately, HRT for women can actually mimic estrogen and progesterone, which may help prevent bone loss and lower chances of osteoporosis in women. That's huge news for women around the U.S., many of whom are battling early bone loss due to a lack calcium, vitamin D, and other nutrients crucial to bone health.
A New Youthful You Awaits at Juventee
If you are considering HRT treatments for women in Palisades, NY, you need a team of hormone replacement experts by your side. At Juventee, our knowledgeable HRT doctors are ready to help. Our team will answer your initial questions, conduct necessary testing, and craft a customized program designed to alleviate the challenges you're facing as a woman going through menopause.
With a healthy diet, exercise, positive life choices, and hormone replacement therapy, unveiling the new "you" is easier than you might think. Contact our office today to get started on your journey to optimal health and well-being.
Latest News in Palisades, NY
Orangetown taking a hands-on approach to finding a redeveloper for the former IBM center
Steve Liebermanhttps://www.lohud.com/story/news/local/rockland/orangetown/2021/01/28/orangetown-looks-builder-redevelop-former-ibm-site/4281958001/
PALISADES – Orangetown is taking part in the search for a builder to undertake a multi-million dollar redevelopment of the former Dolce-IBM Conference Center and hotel.Town officials are working with the property's China-based owner to find an investor willing to redevelop the now-named HNA Conference Center into a viable tax-producing business. The center, which has changed hands several times in recent years, is vacant and located on 106 acres along Route 9W.When IBM owned the property, the business cente...
PALISADES – Orangetown is taking part in the search for a builder to undertake a multi-million dollar redevelopment of the former Dolce-IBM Conference Center and hotel.
Town officials are working with the property's China-based owner to find an investor willing to redevelop the now-named HNA Conference Center into a viable tax-producing business. The center, which has changed hands several times in recent years, is vacant and located on 106 acres along Route 9W.
When IBM owned the property, the business center-hotel comprised 206 guest rooms, 48,000 square feet of meeting space, dozens of meeting rooms, a pair of restaurants, gardens, and a koi pond. The center sits near the private Rockland Country Club golf course.
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The China-based HNA Group, the Chinese conglomerate owner of Hainan Airlines, bought the property in 2016 for $59.6 million. HNA also has interests in tourism, hotels, financial services and real estate.
Now that HNA wants to sell, Orangetown wants the ensure its residents get the benefits of redevelopment. Town officials reached out to HNA to assist, said attorney Michael Zarin, the town's special counsel on the project.
"Orangetown got involved basically because it’s a critical asset in the town with respect to an underutilized and vacant property," Zarin said. "The town wants the property redeveloped in a way that conforms with their vision of the town."
The vision includes a design in harmony with the wide-open area that preserves natural features and provides property taxes, Zarin said.
The town would form a public-private partnership with the developer, providing guidance on development schemes and any zoning issues needed to make the project successful, Zarin said. The redevelopment would need approval from the town land-use agencies, including the planning board and potentially the zoning board of appeals.
Zarin said similar development partnerships have occurred in New Rochelle for the city's downtown revitalization, the Hudson River waterfront in New York City, and redevelopment of former psychiatric centers.
HNA, however, can legally sell the property to any business or investor it chooses.
"Legally, anyone can negotiate directly with HNA," Zarin said.
Officials seek to enhance town
The town and HNA plan to have a developer chosen by mid-April.
The schedule outlined in the town proposal calls for a tour of the facilities and grounds for respondents on Feb. 1. The requests for expression of interest are due by March 1, with finalists being notified March 22, interviews during the week of March 29, and selection of the preferred developer on April 12.
A redevelopment project can include a variety of uses, ranging from commercial, recreational, hotel, or conference center, a spa and wellness center, medical office campus, movie studio, residential and senior-assisted living, according to the proposal seeking a developer.
"The town envisions a use that will have the public purpose of enhancing the sound growth of the town, increasing its tax base, preserving key environmental on-site features, providing public amenities and uses, and encouraging good design standards – a marquis project that contributes to the vibrancy of the community," according to the request.
One interested investor is William Procida, president of Procida Funding & Advisors, a commercial real estate lender and advisory firm. He said his multimillion-dollar bid fell short of HNA's offering in 2016. He has been negotiating with the company and intends to make a pitch to Orangetown.
Procida is a big-time investor once dubbed "The Boy Who Would Be Trump." He owns the Tallman Beach Pool, and held a mortgage on the Nyack College, hoping for redevelopment into housing before the Ramapo-based Hasidic Jewish Yeshiva of Viaznitz bought the 106-acre college campus.
Procida said he lives in the area and wants to restore the center to what he calls its "glory days" of IBM. He has previously proposed townhouses on the site and for Rockland Community College to use the classrooms.
Procida said he's put together top-notch people for the redevelopment. And the center is more personal.
He said most people didn't go to a corporate center for dinner or drinks. He imagines the redevelopment would include a world-class restaurant and a "groovy bar."
"I don’t want it in the wrong hands," Procida said. "The last thing I need is another project. We have a half-billion in projects. If this was in Pennsylvania, I probably wouldn't go after it. This is a block from my house. IBM spared no expense. It is built like a fort. And its layouts are gorgeous."
Steve Lieberman covers government, breaking news, courts, police, and investigations. Reach him at [email protected]. Twitter: @lohudlegal. Read more articles and bio. Our local coverage is only possible with support from our readers.
Massive Lower Hudson Valley Mall Now Facing Foreclosure Questions
Valhttps://wrrv.com/palisades-mall-new-york-foreclosure/
One of the biggest shopping centers in the Hudson Valley is at risk of foreclosure.Citing a decrease in shopping trends as a result of the COVID-19 pandemic, and a debt of over $415 million, investors are seeking foreclosure at the Palisades Center in Rockland County.In court documents dated February 10th, a company called Wilmington Trust [National Association, as Trustee for the benefit of Holders of Palisades Center Trust] filed to foreclose on the Palisades Center, citing that ownership had defaulted on a $418.5 million loa...
One of the biggest shopping centers in the Hudson Valley is at risk of foreclosure.
Citing a decrease in shopping trends as a result of the COVID-19 pandemic, and a debt of over $415 million, investors are seeking foreclosure at the Palisades Center in Rockland County.
In court documents dated February 10th, a company called Wilmington Trust [National Association, as Trustee for the benefit of Holders of Palisades Center Trust] filed to foreclose on the Palisades Center, citing that ownership had defaulted on a $418.5 million loan.
The Palisades Center, the 12th largest mall in the country (space-wise), is a mega shopping center in Rockland County with more than 2.2 million square feet of retail, restaurant, entertainment and office space, is owned and operated by Pyramid Management Group out of Syracuse.
According to the official court document:
This action is brought by Plaintiff under Article 13 of the New York Real Property Actions and Proceedings Law to foreclose certain mortgages securing a loan in the original principal amount of $418,500,000.00 (“Loan”) made to EklecCo NewCo LLC (“Borrower” or “EklecCo”), which is due and payable in full.
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Reports indicate that the original loan from 2016 from JPMorgan Chase & Barclays was due to mature in April of 2021, however, the Pyramid management group requested a 'temporary moratorium on payments early in the pandemic.' As cited by therealdeal.com, a standstill agreement was reached in June 2020, and the loan's maturity date was extended through October of 2022.
Still, the debt remains unpaid, and Pyramid/The Palisades Center went into default as of November 2022.
As of now, Wilmington Trust has asked to put the property into receivership and then would like the mall to be sold 'as a whole.' A receivership essentially assigns a receiver or trustee to manage the company, including all financial and operating decisions.
Then on February 10th, Wilmington Trust filed an official commercial mortgage foreclosure.
The court documents detail that Wilmington Trust, the Plaintiff, elects to have the 'the Borrower’s personal property sold together with the Mortgaged Property at a single public sale.' It appears they would like the entire mall, including the fixtures to be sold off so that the lenders receive all proceeds to pay off the debt, as well as interest and court costs.
This story is still developing.
Two-Car Accident Shuts Down Parts Of Palisades Parkway in New York
Bobby Welberhttps://hudsonvalleypost.com/two-car-accident-shuts-down-parts-of-palisades-parkway-in-new-york/
A two-car accident during Wednesday morning's rush hour caused a traffic nightmare in the Hudson Valley.An early morning accident forced a major traffic delay on the Palisades Interstate Parkway in the Hudson Valley. Firefighters had to deal with one car that was on fire and another car that rollover with one person trapped inside.On Wednesday around 6:30 a.m., first responders rushed to the Palisades Interstate Parkway in the Hudson Valley for reports of a bad accident. The Thiells Fire Department was requested to respond to a...
A two-car accident during Wednesday morning's rush hour caused a traffic nightmare in the Hudson Valley.
An early morning accident forced a major traffic delay on the Palisades Interstate Parkway in the Hudson Valley. Firefighters had to deal with one car that was on fire and another car that rollover with one person trapped inside.
On Wednesday around 6:30 a.m., first responders rushed to the Palisades Interstate Parkway in the Hudson Valley for reports of a bad accident. The Thiells Fire Department was requested to respond to a reported vehicle roll-over and entrapment.
The two-car accident happened near exit 14 on the Palisades Interstate Parkway southbound, near mile marker 27.2, according to Rockland Fires.
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After arriving, members of the Thiells Fire Department were told about one car on fire. Firefighters quickly put out the fire with no injuries reported to the driver, according to the Thiells Fire Department
The Palisades Interstate Parkway is a nearly 40-mile-long highway that spans two states, New York and New Jersey. It connects Orange and Rockland County in New York to Bergen County in New Jersey.
Firefighters were also told about one person who was trapped in a car. That person was said to be conscious and alert. Within about five minutes, the person was removed from the vehicle, fire officials say.
"Within 5 minutes the victim was extricated," the Thiells Fire Department stated. "Great job by our members and all emergency personnel on (the) scene!"
During Wednesday's morning commute, the accident caused a long delay on the Palisades Interstate Parkway. The Palisades Interstate Parkway Southbound near exit 14 in the Town of Haverstraw, Rockland County was shut down for about two hours.
Officials did not report on the drivers, but a family member on Facebook says her nephew, who was involved in the crash is "ok."
"My nephew was involved in this accident this morning! Thank god he was ok," Sharon Kesar-Jones wrote on Facebook.
Another person on Facebook reports both drivers are ok.
"They are both doing good," Laura Shanahan Gluck wrote.
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Creditors come after Palisades Center mall in court, seek foreclosure. What's at stake
The Journal Newshttps://www.lohud.com/story/news/2023/02/17/palisades-center-mall-foreclosure-rockland-county-ny-what-it-means/69908783007/
The Palisades Center faces foreclosure and could be sold off.Its mortgage lenders have gone to court to demand action against EklecCo and the other Pyramid Cos. affiliates that own the mall.Clarkstown Supervisor George Hoehmann said that he hopes it doesn't come to that."We're hopeful that they will be able to sort something out financially," said the supervisor, who has had his own tense dealings with the mall in the past over property taxes and other issues.The mall is overdue on repayin...
The Palisades Center faces foreclosure and could be sold off.
Its mortgage lenders have gone to court to demand action against EklecCo and the other Pyramid Cos. affiliates that own the mall.
Clarkstown Supervisor George Hoehmann said that he hopes it doesn't come to that.
"We're hopeful that they will be able to sort something out financially," said the supervisor, who has had his own tense dealings with the mall in the past over property taxes and other issues.
The mall is overdue on repaying a $418.5 million mortgage it took out in 2016. The town recently valued the property at more than $518 million, but EklecCo has challenged that assessment, saying the megamall is worth just a fraction of that.
Hoehmann on Thursday called the mall a "major asset, not just for the people of Rockland and the people of Clarkstown, but for the financial institutions." He added, "I can imagine that everyone involved would want this asset protected."
The mall's creditors filed a commercial mortgage foreclosure complaint on Feb. 10 in state Supreme Court in the County of New York.
The filing asks for the mall, right down to the fixtures, be sold off, with the lenders getting the proceeds to pay off its overdue mortgage, interest and court costs.
In the court filing, Wilmington Trust, the mortgage trustee, said, "Plaintiff elects to have the Borrower’s personal property sold together with the Mortgaged Property at a single public sale."
Until then, Wilmington Trust states it wants the court to put the property in receivership, so the mall can "operate the property for the benefit of all parties."
Rockland County Executive Ed Day said elected officials are urging the bankers to find a way to keep the mall running as long as possible and find short- and long-term solutions.
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"Regardless of how one feels about the mall the unalterable fact is the Palisades Center is a major tax revenue driver for Clarkstown, the school district and the County of Rockland," Day said Thursday.
Hoehmann agreed. He said the mall's operators have reenvisioned it before and continue to look at ideas, including adding residential buildings, a "live-work-play" concept that other malls in the region have adopted.
"There's a lot of value at the mall," Hoehmann said.
Revenue driver, destination for Rockland
The relationship between the mall and the community has been a bit rocky even before the first backhoe was digging around the swampy land.
Even before the mall opened in 1998, the company had challenged its tax assessment. Clarkstown Town Board meetings grew raucous as neighbors pushed back against permissions sought by the builder.
Since then, the 2.2 million-square-foot shopping and entertainment complex, less than an hour's drive from New York City, has become a destination spot.
Day called the mall "one of the premiere tourist destinations in this county, bringing in additional outside revenue that pays for local services."
Among the largest malls in the nation, the Palisades Center has long been a major property taxpayer for the county, town and local school district. It's also fought those tax bills.
In its latest tax assessment challenge, filed with the Rockland County Clerk on July 26, 2022, the mall's owners cite "continuing pressure ... especially for department stores and fashion retailers that were once the primary focus on Petitioners' business." The challenge also said the impact of the COVID pandemic has been a "game-changer" for enclosed malls like the Palisades Center.
Hoehmann on Thursday said the tax challenge is ongoing. "We are very confident that our numbers will be justified," he said.
What's the value of the mall?
According to the court action initiated by Wilmington Trust, the mall's owners secured mortgages in April 2016 worth $418.5 million that are now past due. The court filing cites extensions for payments that have so far gone unfulfilled.
Meanwhile, the mall's owners, in a property tax challenge lodged last year, said the property's barely worth $172.6 million.
In July 2022, EklecCo, the local arm of mall owner of Pyramid Cos., filed a challenge to its property tax assessment set by the Town of Clarkstown in New York State Supreme Court in Rockland.
The mall's owners have to respond by next month or the court could act without their participation.
A spokesperson for EklecCo did not return a request for comment.
How we got here
Various promissory notes issued in April 2016 to JPMorgan and Barclays banks added up to the amount now sought by Wilmington Trust. The mortgages were made against the mall property itself. According to the court filing, the mortgaged property is a "mixed use development consisting of a consumer shopping center, parking, offices, and other uses commonly known as Palisades Center located in Clarkstown, New York."
In 2020, citing strains from the COVID pandemic, the mall and Wilmington Trust reached a deal that extended the maturity date of the loan to Oct. 9, 2022.
The mall, according to its creditor, didn't pay.
"Borrower failed to repay the Outstanding Amounts on the Maturity Date, and such failure is continuing," the court filing states.
The creditor and mall's owner reached a "forbearance agreement" that gave the mall until Nov. 8 to come up with the money.
They didn't.
Hoehmann said he's taking a wait-and-see approach.
"They've been in this position before," Hoehmann said. "They were able to restructure a deal."
Matt Damon lists California home for $21M following move to NYC
Mary K. Jacobhttps://nypost.com/2021/01/29/matt-damon-lists-pacific-palisades-home-for-21m-after-nyc-move/
While most people these days are swapping the Big Apple for a sunny state, Matt Damon appears to be doing the opposite.The actor just listed his glorious Pacific Palisades, California home for a whopping $21 million so he could move back to the East Coast for good.In an interview with the Wall Street Journal, listing agent Eric Haskell of the Agency explained how Damon, 50, dec...
While most people these days are swapping the Big Apple for a sunny state, Matt Damon appears to be doing the opposite.
The actor just listed his glorious Pacific Palisades, California home for a whopping $21 million so he could move back to the East Coast for good.
In an interview with the Wall Street Journal, listing agent Eric Haskell of the Agency explained how Damon, 50, decided to make New York City his primary home for him and his family.
In 2017, Damon bought a $16 million penthouse in Brooklyn Heights.
“They really love it there, even with everything going on with COVID,” Haskell said.
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And while they found a new city to call home, they left behind the Zen life. The property stands at a grand 13,508 square feet. The 0.68-acre estate is considered among the most spacious homesites in Upper Riviera.
The seven-bedroom, nine-bathroom home is situated on an ultra-private street for optimal security. It was listed on Jan. 19.
Bathed in natural light, the estate boasts a central atrium with a mahogany ceiling, open family rooms for optimum sunlight and a chef’s kitchen with top-notch appliances. The property includes an expansive resort-style backyard with a pool, spa, waterfall, koi pond and lanai for alfresco dining.
Amenities include a game room, bar, gym, media room and an office. It also includes separate staff quarters and a wine room. The primary suites come with dual dressing rooms and a spa-style bath.
The home offers complete serenity and is moments from the Palisades Village and Riviera Country Club.
Damon bought the home back in 2012.
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